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Matador Resources MTDR Midstream — Operating expense

Other segment segments

Exploration and Production
$147.18M+0.9%

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Other financials

Income statement

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Revenue$671.6M-33.8%
Gross profit$872.0M+4.5%
Operating income$46.8M-88.0%
Net income-$35.9M-115%
EPS (diluted)-$0.29-115%

Balance sheet

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Cash & equivalents$92.5M+19.3%
Total debt$918.0M+40.2%
Total equity$5.6B+5.6%
Total assets$12.2B+9.9%

Cash flow

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Operating cash flow$470.5M-35.4%
CapEx$2.1M+126%
Free cash flow$468.4M-35.6%

Valuation

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Market cap$6.15B+22.7%
Enterprise value$6.98B+24.4%
P/E12.7×+7.3×
P/S1.8×+0.5×

Profitability

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Gross margin94.4%-0.9pp
Operating margin26.4%-14.0pp
Net margin14.4%-10.6pp
FCF margin64.5%-2.5pp

Returns & leverage

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Return on equity8.9%-10.3pp
Debt / equity0.2×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Matador Resources in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Matador Resources’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Matador Resources's midstream — operating expense?
Matador Resources (MTDR) reported midstream — operating expense of $55.23M in Q1 2026.
How has Matador Resources's midstream — operating expense changed year-over-year?
Matador Resources's midstream — operating expense increased by 6.6% year-over-year, from $51.8M to $55.23M.
What is the long-term trend for Matador Resources's midstream — operating expense?
Over 2 years (2021 to 2025), Matador Resources's midstream — operating expense has grown at a 20.6% compound annual growth rate (CAGR), from $142.44M to $207.03M.
What does midstream — operating expense mean?
Captures the direct costs incurred to operate midstream infrastructure, including gathering, processing, and transportation facilities. Monitoring this metric helps assess the operational efficiency and cost management of the segment's physical assets.